Zacks Research Has Optimistic Outlook of TT Q2 Earnings

Trane Technologies plc (NYSE:TT - Free Report) - Zacks Research lifted their Q2 2025 EPS estimates for shares of Trane Technologies in a report issued on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the company will post earnings of $3.71 per share for the quarter, up from their prior estimate of $3.70. The consensus estimate for Trane Technologies' current full-year earnings is $12.83 per share. Zacks Research also issued estimates for Trane Technologies' FY2025 earnings at $12.77 EPS, Q1 2027 earnings at $2.79 EPS and FY2027 earnings at $15.38 EPS.

Several other analysts have also recently commented on the stock. Melius cut shares of Trane Technologies from a "buy" rating to a "hold" rating and set a $398.00 price objective for the company. in a research note on Tuesday, January 28th. Royal Bank of Canada boosted their price objective on Trane Technologies from $363.00 to $408.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 1st. Stephens raised Trane Technologies from an "equal weight" rating to an "overweight" rating and set a $475.00 price target on the stock in a research note on Thursday, May 1st. Melius Research reaffirmed a "hold" rating and set a $398.00 price target on shares of Trane Technologies in a research note on Tuesday, January 28th. Finally, HSBC upgraded Trane Technologies from a "hold" rating to a "buy" rating and upped their price objective for the company from $405.00 to $415.00 in a report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Trane Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $427.47.

Trane Technologies Stock Down 0.2%

Shares of Trane Technologies stock opened at $424.16 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.88 and a current ratio of 1.21. The company has a 50-day simple moving average of $364.69 and a two-hundred day simple moving average of $374.90. Trane Technologies has a 52-week low of $298.15 and a 52-week high of $433.60. The stock has a market capitalization of $94.60 billion, a PE ratio of 37.70, a price-to-earnings-growth ratio of 2.50 and a beta of 1.14.

Trane Technologies (NYSE:TT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.20 by $0.25. The business had revenue of $4.69 billion for the quarter, compared to analyst estimates of $4.46 billion. Trane Technologies had a net margin of 12.94% and a return on equity of 35.37%. Trane Technologies's quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.94 earnings per share.

Trane Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be given a dividend of $0.94 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $3.76 annualized dividend and a dividend yield of 0.89%. Trane Technologies's dividend payout ratio is currently 31.28%.

Insider Transactions at Trane Technologies

In other news, insider Donald E. Simmons sold 3,571 shares of the company's stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of $380.00, for a total transaction of $1,356,980.00. Following the completion of the transaction, the insider now directly owns 3,593 shares of the company's stock, valued at $1,365,340. This represents a 49.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.38% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TT. Arkadios Wealth Advisors acquired a new position in Trane Technologies during the fourth quarter valued at approximately $331,000. Ameritas Advisory Services LLC acquired a new position in Trane Technologies during the fourth quarter valued at approximately $468,000. Ballentine Partners LLC boosted its position in Trane Technologies by 11.5% during the fourth quarter. Ballentine Partners LLC now owns 2,952 shares of the company's stock valued at $1,090,000 after purchasing an additional 304 shares during the last quarter. Atomi Financial Group Inc. boosted its position in Trane Technologies by 4.5% during the fourth quarter. Atomi Financial Group Inc. now owns 1,781 shares of the company's stock valued at $658,000 after purchasing an additional 76 shares during the last quarter. Finally, Simon Quick Advisors LLC boosted its position in Trane Technologies by 9.1% during the fourth quarter. Simon Quick Advisors LLC now owns 981 shares of the company's stock valued at $362,000 after purchasing an additional 82 shares during the last quarter. 82.97% of the stock is owned by institutional investors and hedge funds.

Trane Technologies Company Profile

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps.

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